Question: Appregate Expenditures Model: Homework .mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddle... e Expenditures Model: Homework i Saved Help S The table below shows data for three fictitious countries. a. Compute the

Appregate Expenditures Model: Homework

.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddle... e Expenditures Model: Homework i Saved Help S The table below shows data for three fictitious countries. a. Compute the current MPC for each country. Instructions: Round your answers to two decimal places. Income and Consumption Data, Three Countries Change in Change in Income Consumption Country (dollars) (dollars) MPC Adrup $8, 900 $4, 461 Bedrup 30, 460 18 , 750 Cedrup 5, 120 3 , 840 p. Which country has the highest marginal propensity to save (MPS)? (Click to select) c. If income in Bedrup increases by $240 and income in Cedrup increases by $480, which of the following statements is correct? Cedrup will save more dollars. O Bedrup will save more dollars. Neither Bedrup nor Cedrup will save any dollars. Dollar savings will be the same for both Bedrup and Cedrup. ere to search O 70OF ~ FA F5 F7 8 10 F11 F12 PrtS NumLk Scr Lk SYSP A E O O Y C 0

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